Ahead of a major currency overhaul today, when Caracas will start issuing new banknotes after slashing five zeroes off the crippled bolivar, President Maduro detailed other measures he hopes will pull Venezuela out of crisis. They include hiking the minimum wage by over 3,000%, boosting the corporate tax rate and increasing highly-subsidised gas prices in coming weeks.

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peace-loving Venezuela in harmony with itself

“I want the country to recover and I have the formula. Trust me,” he declared on state television.

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..and by the way we will crush the opposition (he added brusquely)

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